Georgian Mining (LON:GEO) Trading Up 10.2% – Should You Buy?

Georgian Mining Corp (LON:GEO) shares rose 10.2% during mid-day trading on Wednesday . The company traded as high as GBX 0.15 ($0.00) and last traded at GBX 0.14 ($0.00). Approximately 95,901,984 shares were traded during mid-day trading, an increase of 94% from the average daily volume of 49,448,320 shares. The stock had previously closed at GBX 0.13 ($0.00).

Georgian Mining Stock Down 6.2 %

The stock has a market capitalization of £181,909.52 and a P/E ratio of -0.02. The stock has a 50 day moving average price of GBX 1.24.

Georgian Mining Company Profile

Georgian Mining Corporation engages in the exploration and development of copper and gold properties in Georgia and Austria. The company's principal property is the Kvemo Bolnisi copper-gold project located in Georgia. It also holds interests in the Tsitsel Sopeli project; the Dambludka base and precious metal project; the Khrami project; and the David Garedji copper-gold project located in Georgia, as well as the Walchen Copper Gold VMS project situated in Austria.